Marine Parallel Hybrid Propulsion Global Market Report 2025

Marine Parallel Hybrid Propulsion Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on marine parallel hybrid propulsion market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Description:

Where is the largest and fastest growing market for marine parallel hybrid propulsion ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The marine parallel hybrid propulsion market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered:1) By Component: Power Management System; Gearbox; Battery; Generator; Internal Combustion Engine (ICE); Electric Motor; Other Components

2) By Ship Type: Tanker; Passenger Ship; Container Ship; Fishing Vessel; Yacht; Cruise Ship; Other Ship Types

3) By Operation Type: Serial Hybrid Propulsion System; Parallel Hybrid Propulsion System

4) By Installation: Line Fit; Retrofit

5) By End-User: Commercial Shipping; Naval Applications; Recreational Boating; Other End-Users

Subsegments:

1) By Power Management System: Energy Storage Management; Power Distribution System

2) By Gearbox: Planetary Gearbox; Cycloidal Gearbox

3) By Battery: Lithium-Ion Batteries; Lead-Acid Batteries

4) By Generator: Diesel Generators; Gas Turbine Generators

5) By Internal Combustion Engine (ICE): Diesel Engines; Gasoline Engines

6) By Electric Motor: Permanent Magnet Electric Motor; Induction Electric Motor

7) By Other Components: Inverters; Rectifiers; Transformers

Companies Mentioned: Siemens AG; General Electric Company; Caterpillar Inc.; ABB Ltd.; Cummins Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.


1. Executive Summary
2. Marine Parallel Hybrid Propulsion Market Characteristics
3. Marine Parallel Hybrid Propulsion Market Trends And Strategies
4. Marine Parallel Hybrid Propulsion Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
5. Global Marine Parallel Hybrid Propulsion Growth Analysis And Strategic Analysis Framework
5.1. Global Marine Parallel Hybrid Propulsion PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Marine Parallel Hybrid Propulsion Market Growth Rate Analysis
5.4. Global Marine Parallel Hybrid Propulsion Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Marine Parallel Hybrid Propulsion Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Marine Parallel Hybrid Propulsion Total Addressable Market (TAM)
6. Marine Parallel Hybrid Propulsion Market Segmentation
6.1. Global Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Power Management System
Gearbox
Battery
Generator
Internal Combustion Engine (ICE)
Electric Motor
Other Components
6.2. Global Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Tanker
Passenger Ship
Container Ship
Fishing Vessel
Yacht
Cruise Ship
Other Ship Types
6.3. Global Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Serial Hybrid Propulsion System
Parallel Hybrid Propulsion System
6.4. Global Marine Parallel Hybrid Propulsion Market, Segmentation By Installation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Line Fit
Retrofit
6.5. Global Marine Parallel Hybrid Propulsion Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Commercial Shipping
Naval Applications
Recreational Boating
Other End-Users
6.6. Global Marine Parallel Hybrid Propulsion Market, Sub-Segmentation Of Power Management System, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Energy Storage Management
Power Distribution System
6.7. Global Marine Parallel Hybrid Propulsion Market, Sub-Segmentation Of Gearbox, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Planetary Gearbox
Cycloidal Gearbox
6.8. Global Marine Parallel Hybrid Propulsion Market, Sub-Segmentation Of Battery, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Lithium-Ion Batteries
Lead-Acid Batteries
6.9. Global Marine Parallel Hybrid Propulsion Market, Sub-Segmentation Of Generator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Diesel Generators
Gas Turbine Generators
6.10. Global Marine Parallel Hybrid Propulsion Market, Sub-Segmentation Of Internal Combustion Engine (ICE), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Diesel Engines
Gasoline Engines
6.11. Global Marine Parallel Hybrid Propulsion Market, Sub-Segmentation Of Electric Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Permanent Magnet Electric Motor
Induction Electric Motor
6.12. Global Marine Parallel Hybrid Propulsion Market, Sub-Segmentation Of Other Components, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Inverters
Rectifiers
Transformers
7. Marine Parallel Hybrid Propulsion Market Regional And Country Analysis
7.1. Global Marine Parallel Hybrid Propulsion Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Marine Parallel Hybrid Propulsion Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Marine Parallel Hybrid Propulsion Market
8.1. Asia-Pacific Marine Parallel Hybrid Propulsion Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Marine Parallel Hybrid Propulsion Market
9.1. China Marine Parallel Hybrid Propulsion Market Overview
9.2. China Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Marine Parallel Hybrid Propulsion Market
10.1. India Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Marine Parallel Hybrid Propulsion Market
11.1. Japan Marine Parallel Hybrid Propulsion Market Overview
11.2. Japan Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Marine Parallel Hybrid Propulsion Market
12.1. Australia Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Marine Parallel Hybrid Propulsion Market
13.1. Indonesia Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Marine Parallel Hybrid Propulsion Market
14.1. South Korea Marine Parallel Hybrid Propulsion Market Overview
14.2. South Korea Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Marine Parallel Hybrid Propulsion Market
15.1. Western Europe Marine Parallel Hybrid Propulsion Market Overview
15.2. Western Europe Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Marine Parallel Hybrid Propulsion Market
16.1. UK Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Marine Parallel Hybrid Propulsion Market
17.1. Germany Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Marine Parallel Hybrid Propulsion Market
18.1. France Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Marine Parallel Hybrid Propulsion Market
19.1. Italy Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Marine Parallel Hybrid Propulsion Market
20.1. Spain Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Marine Parallel Hybrid Propulsion Market
21.1. Eastern Europe Marine Parallel Hybrid Propulsion Market Overview
21.2. Eastern Europe Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Marine Parallel Hybrid Propulsion Market
22.1. Russia Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Marine Parallel Hybrid Propulsion Market
23.1. North America Marine Parallel Hybrid Propulsion Market Overview
23.2. North America Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Marine Parallel Hybrid Propulsion Market
24.1. USA Marine Parallel Hybrid Propulsion Market Overview
24.2. USA Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Marine Parallel Hybrid Propulsion Market
25.1. Canada Marine Parallel Hybrid Propulsion Market Overview
25.2. Canada Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Marine Parallel Hybrid Propulsion Market
26.1. South America Marine Parallel Hybrid Propulsion Market Overview
26.2. South America Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Marine Parallel Hybrid Propulsion Market
27.1. Brazil Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Marine Parallel Hybrid Propulsion Market
28.1. Middle East Marine Parallel Hybrid Propulsion Market Overview
28.2. Middle East Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Marine Parallel Hybrid Propulsion Market
29.1. Africa Marine Parallel Hybrid Propulsion Market Overview
29.2. Africa Marine Parallel Hybrid Propulsion Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Marine Parallel Hybrid Propulsion Market, Segmentation By Ship Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Marine Parallel Hybrid Propulsion Market, Segmentation By Operation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Marine Parallel Hybrid Propulsion Market Competitive Landscape And Company Profiles
30.1. Marine Parallel Hybrid Propulsion Market Competitive Landscape
30.2. Marine Parallel Hybrid Propulsion Market Company Profiles
30.2.1. Siemens AG Overview, Products and Services, Strategy and Financial Analysis
30.2.2. General Electric Company Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Caterpillar Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. ABB Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Cummins Inc. Overview, Products and Services, Strategy and Financial Analysis
31. Marine Parallel Hybrid Propulsion Market Other Major And Innovative Companies
31.1. Mitsubishi Heavy Industries Ltd.
31.2. Rolls-Royce Holdings plc
31.3. Danfoss
31.4. Wärtsilä Oyj Abp
31.5. Brunswick Corporation
31.6. MAN Energy Solutions
31.7. Kongsberg Maritime
31.8. Schottel GmbH
31.9. Groupe Beneteau
31.10. Nidec Industrial Solutions
31.11. Volvo Penta
31.12. Steyr Motors GmbH
31.13. Corvus Energy
31.14. Transfluid
31.15. Niigata Power Systems Co. Ltd.
32. Global Marine Parallel Hybrid Propulsion Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Marine Parallel Hybrid Propulsion Market
34. Recent Developments In The Marine Parallel Hybrid Propulsion Market
35. Marine Parallel Hybrid Propulsion Market High Potential Countries, Segments and Strategies
35.1 Marine Parallel Hybrid Propulsion Market In 2029 - Countries Offering Most New Opportunities
35.2 Marine Parallel Hybrid Propulsion Market In 2029 - Segments Offering Most New Opportunities
35.3 Marine Parallel Hybrid Propulsion Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer

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